Articles

The Income Tax (I-T) Department is tightening the screws on individuals and entities claiming tax deductions for political donations.

Income Tax Department Cracks Down on Dubious Political Donations: What Donors Must Know?

Income tax slabs determine your tax liability on your income for a financial year. The more you earn, the higher your tax rate might be.

Frequently Asked Questions on Income Tax Slabs

News

Tamilnad Mercantile Bank Ltd, announced that it has received a Notice of Demand under Section 156 of the Income Tax Act of 1961 for the assessment year 2017-18.

Tamilnad Mercantile Bank gets Income Tax Demand Notice worth approx. Rs.59 Crore for AY 2017-18

The Member of Parliament has made a representation before the Chairman of Select Committee to include Company Secretary in the Definition of Accountant u/s 515(3)(b) of the Income Tax Bill.

Inclusion of Company Secretary in the Definition of Accountant under Income Tax Bill 2025 [Read Representation]

If you are someone earning a taxable income and yet haven’t filed your Income Tax Return (ITR) in the past few years, you might get in trouble.

Department Flagged High-Risk Non-Filers; You Might Receive a Tax Notice Under Section 148A if You Haven’t Filed Your ITR

Notifications

The Central Board of Direct Taxes (CBDT) has notified Bond of Power Finance Corporation Ltd. under Zero Coupon Bond via issuing a notification.

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Income Tax Department Cracks Down on Dubious Political Donations: What Donors Must Know?

Frequently Asked Questions on Income Tax Slabs

Tamilnad Mercantile Bank gets Income Tax Demand Notice worth approx. Rs.59 Crore for AY 2017-18

Inclusion of Company Secretary in the Definition of Accountant under Income Tax Bill 2025 [Read Representation]

Department Flagged High-Risk Non-Filers; You Might Receive a Tax Notice Under Section 148A if You Haven’t Filed Your ITR

Govt. notifies Bond of Power Finance Corporation Ltd under Zero Coupon Bond as per Income Tax